Goosie Tanoh unveils vision for Ghana’s export transformation at presidential committee launch

At the inauguration of the Presidential Committee on Accelerated Export Development (PCAED) on Monday, May 5, at the Jubilee House, Presidential Advisor Goosie Tanoh articulated a comprehensive vision for Ghana’s economic transformation through an intensified focus on exports.

Addressing President John Dramani Mahama, ministers, and industry leaders, Mr. Tanoh emphasized that the Accelerated Export Development programme, intertwined with the President’s 24-Hour Economy initiative, aims to create a resilient, self-reliant, and globally competitive economy benefiting all Ghanaians.

He highlighted that the programme rests on three pillars: production transformation, market systems efficiency, and human capital development. He stressed the urgent need to move Ghana beyond raw commodity exports towards value-added products, reduce logistics costs, improve trade facilitation, and cultivate a skilled workforce.

“The President’s 24-Hour Economy and Accelerated Export Development programme is Ghana’s strategy for structural transformation… The programme envisions a resilient, self-reliant, and globally competitive economy that optimises asset utilisation and creates value for all its citizens, especially the most vulnerable,” Tanoh stated.

He acknowledged the current underwhelming annual non-traditional export earnings of $3.5 billion, underscoring the necessity to assist local producers in expanding and diversifying their production for both regional and continental markets. Tanoh pinpointed regulatory hurdles, port inefficiencies, and a deficit in accredited laboratories as key challenges hindering export growth.

Despite these obstacles, Tanoh emphasized Ghana’s strategic advantages, including its coastal location, peaceful environment, English-speaking status, strong continental relations, expanding infrastructure, and youthful workforce, as well as hosting the AfCFTA Secretariat.

He expressed confidence that with strategic investments, quality adherence, efficient logistics, and a well-defined market strategy, Ghana can become a central production and export hub in West Africa.

Tanoh commended President Mahama for establishing the PCAED, recognizing its strategic importance in driving export transformation through the collaboration of business leaders, trade experts, and regulators.

He urged committee members to convey the needs of Ghanaian industries to the President to facilitate accelerated export development, ultimately aiming to create wealth and meaningful work for Ghanaians and elevate the nation in global trade.

Below is a list of the members of the committee:

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